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A- assets
B- liabilities
C- Equity
D- all answer are false
A-Goodwill is also an asset but considered as intangible asset because its not physical asset like building and equipment or supplies.
A =ASSET(INTAGIBLE ASSET )
the Goodwill classify assets
The answer is A Asset (Intangibles)
if purchased its intangible asset, internally generated good will have Nil value.
Goodwill creates an impression which converts customer into asset
Goodwill is an intangible asset of the business.Purchase consideration-net worth of assets give rise to goodwill.
Hi, My name is Naji
Goodwill is considered to be Assets
ASSETS ACQUIRED IN BUSINESS IN NON INTANGIBLE FORM IS CONSIDERED AS GOOD WILL ASSET
Option (A) is the right answer. It is a intangible asset unlike a tangible assets i.e. buildings, lands, etc.
